Published on 5/7/2009 in the Prospect News Agency Daily.
New Issue: FHLB sells $1 billion bonds due May 2010 at Federal Funds rate plus 24 bps
By Jennifer Chiou
New York, May 7 - Federal Home Loan Banks said it priced $1 billion of bonds due May 12, 2010 at par on Thursday to yield Federal Funds rate plus 24 basis points.
Interest is payable quarterly.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Bonds
|
| Amount: | $1 billion
|
| Maturity: | May 12, 2010
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Coupon: | Federal Funds rate plus 24 basis points, payable quarterly beginning Aug. 12, 2009
|
| Price: | Par
|
| Yield: | Federal Funds rate plus 24 bps
|
| Pricing date: | May 7
|
| Settlement date: | May 12
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
